Two Night Clubs for Sale with high profit

Contact Seller

Listing ID

C-RY-5J

Old ID

24542

Asking Price

AED 1,500,000

Owner Involvement

No Involvement

Owner Working Hours Per Week

0

Transition Assistance Period

1 Month

Any Ongoing Major Lawsuit or Regulatory Issue

Country

United Arab Emirates

State

Dubai

City

Sector

Culture, Entertainment & Leisure

Subsector

Leisure Clubs

Is Franchise

Has Parent

Description

*Profitable and High Customer Footfall *Team in place *Operator agreement with a hotel *Large fully fitted and equipped premises *Very attractive ROI

Business Overview

Two famous running Disco Night Clubs located in Al Ras, Deira, Dubai with a projected revenue of 10,000,000 AED per year and potential profit of 3,000,000 AED per year. Selling at a very attractive price as the seller has to relocate urgently. Each branch has 3 waitresses, 1 hostess, supervisors/managers, a bartender and a resident DJ. The rent is 60,000 AED and 65,000 per month for respective branches paid in 12 Cheques. They are located on a ground floor of a hotel. Size of the larger branch is 3,300 sq ft and the smaller one is 3,000 sq ft. Total sell out with all equipment. The disco night club at present is Arabic + English and the disco club have a proper dance floor, high performance music system and DJ platform. All amenities are available with all equipment and accessories.